I-TEX: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
I-TEX
Largest movements
- Receivables within one year +€144,425
up €144,425 (+86.0%), from €167,979 to €312,404
of which Other amounts receivable: +€144,425
- Cash -€4,653
down €4,653 (-98.3%), from €4,734 to €82
mainly Receivables within one year (-€144,425) and Net result for the year (-€47,657)
- Other debts +€187,430
up €187,430 (+38,809%), from €483 to €187,913
- Profit (loss) carried forward -€47,657
down €47,657 (-7.3%), from -€655,859 to -€703,516
- Financial charges +€18,476
up €18,476 (+85.5%), from €21,620 to €40,096
- Gross operating margin -€10,089
down €10,089, from €8,661 to -€1,427
- Other operating charges +€232
up €232 (+45.2%), from €513 to €745
- Financial income -€194
down €194 (-28.0%), from €693 to €499
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,713 | €312,486 | +€139,772 | +80.9% |
| Current assets | 29/58 | €172,713 | €312,486 | +€139,772 | +80.9% |
| Amounts receivable within one year | 40/41 | €167,979 | €312,404 | +€144,425 | +86.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €167,979 | €312,404 | +€144,425 | +86.0% |
| Cash at bank and in hand | 54/58 | €4,734 | €82 | -€4,653 | -98.3% |
| Total equity and liabilities | 10/49 | €172,713 | €312,486 | +€139,772 | +80.9% |
| Equity | 10/15 | €169,710 | €122,053 | -€47,657 | -28.1% |
| Contributions | 10/11 | €825,000 | €825,000 | = | 0.0% |
| Reserves | 13 | €569 | €569 | = | 0.0% |
| Distributable reserves | 133 | €569 | €569 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€655,859 | -€703,516 | -€47,657 | -7.3% |
| Amounts payable | 17/49 | €3,003 | €190,433 | +€187,430 | +6,241% |
| Amounts payable within one year | 42/48 | €3,003 | €190,433 | +€187,430 | +6,241% |
| Financial debts | 43 | €0 | €0 | = | 0.0% |
| Credit institutions | 430/8 | €0 | €0 | = | 0.0% |
| Trade debts | 44 | €2,520 | €2,520 | = | 0.0% |
| Suppliers | 440/4 | €2,520 | €2,520 | = | 0.0% |
| Other amounts payable | 47/48 | €483 | €187,913 | +€187,430 | +38,809% |
| Non-recurring operating income | 76A | €8,779 | €0 | -€8,779 | -100% |
| Other operating charges | 640/8 | €513 | €745 | +€232 | +45.2% |
| Non-recurring operating charges | 66A | €3,518 | €5,888 | +€2,370 | +67.4% |
| Gross operating margin | 9900 | €8,661 | -€1,427 | -€10,089 | |
| Operating profit (loss) | 9901 | €4,630 | -€8,060 | -€12,691 | |
| Financial income | 75/76B | €693 | €499 | -€194 | -28.0% |
| Recurring financial income | 75 | €693 | €499 | -€194 | -28.0% |
| Financial charges | 65/66B | €21,620 | €40,096 | +€18,476 | +85.5% |
| Recurring financial charges | 65 | €21,620 | €40,096 | +€18,476 | +85.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,297 | -€47,657 | -€31,360 | -192% |
| Profit (loss) for the period | 9904 | -€16,297 | -€47,657 | -€31,360 | -192% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,297 | -€47,657 | -€31,360 | -192% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.